Ofgem launches investigation into energy supplier over data concerns

Ofgem has initiated an investigation into Tomato Energy, citing concerns regarding incomplete and delayed data provision under the Energy Price Guarantee

Mark McAllister confirmed as new Ofgem Chair

The Energy Security and Net Zero Select Committee approved his appointment following a hearing in October

New support scheme to reduce electricity prepayment meter costs

A new support scheme aims to cut costs for UK prepayment meter customers, providing potential annual savings of £40

OVO urges ministers to drop standing charges and implement social tariff

Nearly 72% of the UK public finds the standing charge unfair, with 76% supporting the idea that vulnerable households should be exempt from it, according to a survey

Cheapest prepay tariff now £357 above cheapest standard credit tariff

Ofgem’s latest update on energy tariffs reveals that direct debit customers continue to benefit from the lowest prices

Energy customers urged to check fixed rate deals

Martin Lewis has warned customers to check their deals as prices may have increased following the loss of the government’s Energy Price Guarantee subsidy

UK splashes £40bn on household energy bills

UK power subsidies reached a record-breaking £39.3 billion between October 2022 and March 2023, according to government data

SME contract changes drive energy supplier switching to new high

Nearly 199,000 changes of supplier took place in April, marking a 12% increase from the previous month

NI households warned of potential energy price increase

The Consumer Council cautions that regulatory decisions and the removal of the Energy Price Guarantee could result in temporary price adjustments

Ofgem confirms energy price cap will “drop considerably” in July

The level of the new price cap is expected to be announced next Thursday